This is the first of hopefully many different versions of Ea's using Mladen's digital indicators plan on making martingale Ea's and regular Ea's using these indicators. The indicator is the same as Digital filters smooth -separate, but removed the mtf because to me makes it easier to code the mtf straight into the Ea. By default using 2 Stlm's on 2 timeframes and 1 rbci on fast stlm timeframe, by default have slow stlm set on H4 timeframe but this is all interchangeable, the filter types as well as the different timeframes!!!
ps) forgot to mention Ea is also using the fibpivots as additional filter and Dfs separate for ea is the digital indicator Ea is using !
Updated version posted here : https://www.mql5.com/en/forum/177320/page25
This indicator has been created by a former hedge-fund employee and it automatically identifies when a divergence occurs between price and an oscillator. It can identify both bull and bear divergence and it is pre-loaded with four of the most popular oscillators. You can choose from RSI, MACD, Stochastics and CCI.
Remember: When a divergence occurs, it means that price and momentum are not in agreement. And divergence signals are widely used by institutional traders to identify potential revers
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Ty
Currently, the IT sphere is experiencing a boom in neural networks and machine learning. Machine learning is widely used in various fields and is intended to replace the human brain for solving complex problems of classification and prediction.
TensorBot is a self-learning trading system with built-in adaptive strategy and a neural network that independently studies market patterns, remembers them and trades. This principle allows you to "train" a robot for trading on any financial instrument a
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences.
You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advi
This version of the Traders Dynamic Index has the redrawing of the historical data eliminated, the algorithm calculation speed optimized, more external parameters for a more precise adjustments, and its functionalities extended: added the selection of the initial oscillator and the smoothing methods of the averages.
Mode Osc - estimation oscillator selection; Period Osc - the calculation period of the oscillator used; Price Osc - applied price for the oscillation calculati
This script help user record the value of Moving Average and OHLC at the moment once deals happen.
The datas save as .CSV format file so you can quantitative analysis someone's trading.
Please input value of MA's parameters you like. It tells you the path of data file when script is stopped.
Fast Copy MT5 allows you to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
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VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
The Pz Oscillator is a very smooth and responsive accelerometer which provides a lot of useful information and detects divergences automatically. It is a great trading confirmation and can be used to identify the trend direction and strength. It has been designed as a complement for our trading tools.
The oscillator plots two moving averages to display the trend direction. If the fast moving average is above the slow moving average, the market is during an uptrend and long trad
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the marke
The indicator allows determining the strength and direction of the trend precisely. The histogram displayed in a separate window shows changes of the slope of the regression line. A signal for entering a deal is crossing the zero line and/or a divergence. The indicator is also useful for wave analysis.
Period - period of calculation, 24 on default; CalculatedBar - number of bars for displaying a divergence, 300 on default; AngleTreshold - slope at which a flat is displaye
The Expert Advisor uses the strategy of trading the Fibonacci levels. As the basis for placing a grid, the EA uses the ZigZag indicator (included in the standard MetaTrader delivery).
First, the EA determines the trend direction. To do that, according to the Dow theory, it uses the last two Highs and last two Lows of the ZigZag.
If the last High is higher than the previous and the last Low is higher than the previous, the EA considers the trend to be ascending. If the last High is lower
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
The use of a polynomial expansion of data opens up new possibilities for analysis and decision making. But the problem of all existing algorithms is a very slow computation.
The main feature of this indicator is its fast algorithm. The speed of calculation of the polynomial algorithm and its standard deviation values is several thousand times faster than conventional algorithms. So this is a convenient algorithm for use without the need to apply supercomputers.
Beginning with the version 1.4
My Money Manager like a risk controller, which places your trades with the exact volume that meets your desired stop loss risk.
It can also help you to preview your EP/SL/TP levels before placing an order by dragging these levels directly on a chart, and keep reporting about them during the position opening.
With this tool, you will feel more comfortable when deciding to open orders, as well as forecasting your profit/loss with your orders. Placing orders is a very precise and profe
The iTicksChart allows you to create custom tick charts. It is suitable not only for trading but also for analysis of tick history. Each missed or ambiguous tick is fixed and displayed on the chart. Experts, indicators, graphical objects can be used for technical analysis.
Advantages and Features
runs and works at any open chart window (called "base chart" further on in this document); looks like a common chart after launching (see Screenshots); history quality is monitored - each missed o
This is a half scalping system that analyzes the market using a transmission function and price movement speed.
This Expert Advisor is intended for trading on EURUSD, however it can run on other currency pairs. Please use the M1 timeframe.
You should optimize only two parameters: Seconds_to_move and TradePrice. It is sufficient to optimize Bobra Adept only once, for example, for a half year period. After that, Bobra Adept shows good results on a forward period (or backward in my case). This ca
This indicator incorporates the volume to inform the market trend. A warning system (chart, SMS and e-mail) is incorporated for warning when a certain level is exceeded.
Developed by Marc Chaikin, Chaikin Money Flow (CMF) measures the amount of Money Flow Volume (MFV) over a specific period. Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back
The Expert Advisor for increasing (or opening) market positions.
Allows specifying the desired risk, target and searching for the best open price and trade volume.
It is included in the ActivePanel product.
Cluster analysis of volumes is now available in MetaTrader 5!
The YuСlusters indicator is a professional tool for analyzing the trading volumes. The cluster graph is plotted based on tick data. For the exchange financial instruments these are the volume, type and price of a deal. For the Forex instruments - the real or tick volume (depending on the broker) and Bid price.
There are 6 criteria of cluster generation:
Time interval, the criterion is set in seconds. Price range, the criteri
FULL Automatic is a fully autonomous trading robot for MetaТrader 5 without configurable parameters.
It is designed for traders having no knowledge of trading basics. It works in Low, Medium, High and Extremal trading modes.
The EA applies modified versions of well-known strategies, including Elliott waves, following a trend, half-pyramiding, scalping, speculative trading with a double deposit protection. The EA switches the strategies automatically. The robot does not open n
The Synchronized Charts script allows comparing bars of different symbols or different periods of the same symbol.
Attach the script to a chart and move bars or change the scale, all opened chart will move synchronously with the current one. The bars on different charts aligned to the border according to their open time.
This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
SeventhMohammed5 is a unique indicator, which is a collection of 7 standard indicators: Bears Power, Bulls Power, Commodity Channel Index, Force Index, Moving Average of Oscillator, Accelerator Oscillator, Awesome Oscillator. Signals appear when the selected indicator crosses the zero level, upward crossover - an arrow up (a buy signal), downward crossover is - an arrow down (a sell signal). Signals from the higher timeframe are displayed as a large arrow in the upper right corner. It is recomme
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The indicator is based on the cluster digital filter that is successfully used in another area. At the time of publicati
Active Lines - a powerful professional tool for operations with lines on charts. Active Lines provides a wide range of actions for events when the price crosses lines. For example: notify, open/modify/close a position, place/remove pending orders. With Active Lines you can assign several tasks to one line, for each of which you can set individual trigger conditions, as well as conditions for re-activations and the number of possible activations.
Active Lines helps you easily organize various tr
Find Shoulder-Head-Shoulder chart patterns easily with this indicator.
Easy to use Customizable colors and sizes It implements breakout signals It implements alerts of all kinds
Indicator Settings - The amplitude represents the size of the patterns to be found. The max. history bars parameter is the amount of bars in the chart to look back.
Less bars to evaluate means the indicator will load faster. Patterns - Choose the colors of the patterns. Breako
Scalper with Automatic Parameter Setting
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Three variables are available for every strategy, any one of them can be disabled, their period can be changed.
type_order=ORDER_FILLING _FOK - order filling type.
ReverseTrade=false — trades opens in reverse direction if true. ExitOnBar=true — trades close on each bar only. spreadcover=false — Spread you pay includes in profit trades. It's like trade with zero spread but you should remember that it can decrease exact match between tester's result and live one. It
I installed FXCM metatrader with many pairs H1 timeframe to forward test Digital Martingale EA. Settings is default one except MM: i changed it to 0 just to keep minimum lot size as 0.01.
Will see. I will try to change/evaluate some settings tomorrow because we can use/trade many kinds of digital systems and indicators just having this one EA for different settings.
It's started to trade very slowly so nothing I can tell for now.
This EA opened just 1 trade for NZDUSD and this trade is still opened.
Well, will see.
Anyway, I will need to review this system about which lines is crossing which lines for buy or sell just to understand about how it works with this settings.
I am trying to understand the system/settings for this Digital Martingale EA to create some new settings or to improve.
So, this EA is using digital filters.
All digital filters were coded inside this one indicator:
Dfs separate for ea indicator from this post.
There is one parameter in this indicator's input: FilterType (we are having same parameter in EA).
- if FilterType = 0 so we are having FTLM.
- if FilterType = 1 so we are having STLM.
- if FilterType = 2 so we are having RBCI
- if FilterType = 3 so we are having PCCI.
So, we can change this FilterType for any number started with 0 and up to 3 depends on which indicator (FTLM, STLM, RBCI or PCCI) we want to use/trade etc.
So, what is FTLM, STLM, RBCI or PCCI?
FATL (Fast Adaptive Trend Line). It is formed with the digital filter of the low frequency (FLF-1). Filter FLF-1 serves to suppress noises of high frequency and market cycles with very short periods of oscillation that can be considered as noise.
SATL (Slow Adaptive Trend Line). It is formed with the digital filter of the low frequency (FLF-2). Filter FLF-2 serves to suppress noises and market cycles with longer periods of oscillation.
Some people said that SATL and FATL are not moving averages - they are more likely as adaptive moving averages.
RFTL (Reference Fast Trend Line)
RSTL (Reference Slow Trend Line)
are something similar with moving averages indicator.
FTLM (Fast Trend Line Momentum)
STLM (Slow Trend Line Momentum)
are something similar with momentum indicator:
FTLM = FATL - RFTL
STLM = SATL - RSTL
What is Momentum indicator (just to remind)?
According to "Technical Analysis from A to Z" by Achelis:
How to use Momentum (from "Technical Analysis from A to Z" by Achelis):
- You can use the Momentum indicator as a trend-following
oscillator similar to the MACD (this is the method I prefer).
Buy when the indicator bottoms and turns up and sell when
the indicator peaks and turns down. You may want
to plot a short-term (e.g., 9-period) moving average
of the indicator to determine when it is bottoming or
peaking. If the Momentum indicator reaches extremely
high or low values (relative to its historical values),
you should assume a continuation of the current trend.
- You can also use the Momentum indicator as
a leading indicator. This method assumes that
market tops are typically identified by a rapid price
increase (when everyone expects prices to go higher)
and that market bottoms typically end with rapid price
declines (when everyone wants to get out).
RBCI (Range Bound Channel Index)
This indicator is similar with our dynamic channel with probability for buy zone (oversolded) and probability for sell zone (from overbought).
PCCI Index (Perfect Commodity Channel Index).
It is similar to our well-known CCI indicator.
What is CCI?
from "Technical Analysis from A to Z" by Achelis:
the variation of a security's price from its statistical mean.
High values show that prices are unusually high compared
to average prices whereas low values indicate
that prices are unusually low. Contrary to its name,
the CCI can be used effectively on any type of security,
not just commodities.
CCI can be used as overbought/oversold indicator, or for divergence.
What is divergence?
We have divergence case if the price trend doesn't agree with the trend of an indicator. In this case - prices usually change direction to confirm the trend of the indicator. Why? Because indicators are better at gauging price trends than the prices themselves.
So, in our Dfs separate for ea indicator - we are having such as 4-in-1:
Just to make it shorter:
FTLM is similar to momentum indicator based on fast trend line.
STLM is similar to momentum too based on slow trend line.
RBCI is similar to dynamic channel with probability for buy zone (oversolded) and probability for sell zone (from overbought).
PCCI is similar to CCI
So, it is what I wanted to remind to myself.
On the next few posts - I will remnind to myself some already proven systems based on those indicators. After that - we will try to understand about which settings/indicators to use for this Digital martingale EA ... may be - we can use some new indicators coded inside advanced elite section (as some of them are very good and can be used in our cases).
PCCI is similar to CCI
On the next few posts =- I will remnind to myself some already proven systems based on this indicators. After that - we will try to understand about which settings/indicators to use for this Digital martingale EA ... may be - we can use some new indicators coded inside advanced elite section (as some of them are very good and can be used in our cases).
- Terminator all the versions, EAs, settings, indicators and manual trading as an options: read this post.
- the settings for C. I. S. M.P-1 EA is on this post.
- Digital Martingale EA is on this post. This EA is using digital filters indicators.
Was refreshing my memory about Digital Martingale, and was reminded about how i smoothed the filter i smoothed the incoming price. Lately have been noticing when using this smoothing it really cuts down on trades (almost to zero), so redid the Ea this time just using the regular Digital filter separate from Mladen, i removed the multitimeframe from the indicator to make it easier for me to use in the Ea. Anyway the Ea still has the fibpivots, and by default using stlm, H4 and whatever chart timeframe you choose(i prefer H1), and rbci, whatever chart timeframe(again i prefer h1)
ps) i just finished modding it now and put it on a chart to make sure there wasn't any errors, so not sure if it trades, but it should be fine.
ps2) meant to remind the Ea is trading the slope of the digital filters for now in a multi timeframe way and hope this doesn't cause any problems in your testing
I am just trying to remind to myself about digital filters. Because on this EA - we can use many combinations of those indicators so I am doing some kind of research about it.
It is also good for the members who knew nothing about digital; filters and about how to use them.
Yes most definitely
So, I am continue my personal reminding which was started from this post.
I will post something during the few days so if we will come to some improvement for this EA or indicators - it may be very good.
And just to make it more shorter so we can understand
- FTLM as fast trend detector
- STLM as slow trend detector (above zero - uptrend or bullish trend; below zero - downtrend in general).
- RBCI as something as dymanical market condition indicator.
- PCCI is something as CCI related to FATL compare with close price of ther previous bar (at least - it is on the theory).
Basicly - it is more good to trade when FTLM is on uptrend together with uptrend for STLM (for buy) and opposite for sell. In this case - if FTLM is on uptrend (means: right now) during the uptrending market (STLM) so it is less risky to trade. Opposite for sell.
Just to see this image about overbought, oversold and neutral market condition:
- Digital Martingale EA is on this post. This EA is using digital filters indicators. Description of the indicators used - this post and more explanation cane be found started from this page till this one. Digital Martingale-2 EA is on this post. It is improved and corrected version of this EA.
- Visual statement is forward testing/trading results. More about it: Signal Performance Factor and visual statements: this post with the explanation and on those 2 posts as detailed comments: this post and this one.
So, I am continue something which I started on this post and this post.
Just very preliminary rules.
- buy if STLM is on uptrend (value of this indicator on bar #1 > bar #2),
FTLM is having local minimum
(values of this indicator on bar #1 > bar #2 and bar #3 > bar #2).
- sell if STLM is on downtrend (value of this indicator on bar #1 < bar #2),
FTLM is having local maximum
(values of this indicator on bar #1 < bar #2 and bar #3 < bar #2).
According to this rule #1 - EA will trade very often and martingale is necessary in this case (and/or Fibo).
- buy if RBCI is on oversold condition/area/market
- sell if RBCI is on overbought condition/area/market
According to this rule #2 - EA will trade by less number of the trades but anyway - martingale will be necessary in this case (and/or Fibo).
More to follow ...
This EA opened and closed some trades so we are having good start.
EURUSD: 14 dollars
The other pairs did not have any trades yet.
Statements are attached to this post.
Drawdown was very small - we can see it from those 3 images (just look at the left corner after the words RDD Max: ...
The regular statements will be posted during the weekends as usually for many elite section EAs
Latest versions of Terminator:
Digital Martingale EA is on this post. It is original version of Digital Martingale EA : this is the first of hopefully many different versions of Terminator EAs using Mladen's digital indicators plan on making martingale EA's and regular EA's using these indicators. The indicator is the same as Digital filters smooth -separate, but removed the MTF.
Description of the indicators used - this post.
Digital Martingale-2 EA is on this post. It is improved and corrected version of this EA.
Digital Martingale EA for FXCM broker.
EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD, NZDUSD, GBPJPY, GBPCHF, CHFJPY, AUDJPY, CADJPY, EURCHF, EURGBP, EURJPY.
Since 10th of May 2011.
It is for all the pairs:
My personal comment: it was good start of this EA original version - max floating drawdown was 53 dollars for all the pairs totally since 10th of may this year, all open trades were closed and profit made is 109 dollars. max open trades were 6 (for different pairs totally).